Nepal is the 150th largest export economy in the world. In 2015, Nepal exported $909M and imported $6.61B, resulting in a negative trade balance of $5.7B. In 2015 the GDP of Nepal was $21.2B and its GDP per capita was $2.46k.

Exports

In 2015 Nepal exported $909M, making it the 150th largest exporter in the world. During the last five years the exports of Nepal have decreased at an annualized rate of -1.7%, from $970M in 2010 to $909M in 2015. The most recent exports are led by Flavored Water which represent 9.1% of the total exports of Nepal, followed by Knotted Carpets, which account for 8.19%.

Imports

In 2015 Nepal imported $6.61B, making it the 114th largest importer in the world. During the last five years the imports of Nepal have increased at an annualized rate of 5.5%, from $5.01B in 2010 to $6.61B in 2015. The most recent imports are led by Refined Petroleum which represent 8.72% of the total imports of Nepal, followed by Silver, which account for 4.33%.

Origins

Economic Complexity of Nepal

Product Space

The product space is a network connecting products that are likely to be co-exported and can be used to predict the evolution of a country’s export structure.

Nepal exports 177 products with revealed comparative advantage (meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product’s global market).